Category Archives: Industries
Forex, infrastructural constraints worsen Nigeria LPG market woes
The continuous rise in the price of Liquefied Petroleum Gas (LPG), otherwise called cooking gas in Nigeria, may continue for a while if challenges relating
Lafarge Africa spends N661.63m on CSR in Nigeria
Lafarge Africa Plc said on Wednesday that the company spent N661.63 million on corporate social responsibility (CSR) initiatives across Nigeria in 2017. Mrs Temitope Oguntokun,
Newly appointed Finance Minister Zainab Ahmed assumes duty
Mrs Zainab Ahmed former Minister of State for Budget and National Planning now acting Minister of Finance. Newly appointed Acting Minister of Finance Mrs Zainab
Political uncertainties depress indices further by N46 billion
Uncertainties surrounding the upcoming 2019 elections have continued to depress transactions on the equity sector of the Nigerian Stock Exchange (NSE), as market capitalisation plunged
We hope to expand international trade to create more jobs in Nigeria says Jamie Pearson
Jamie Pearson is the Marketing and Operations Manager of Afrocet Montgomery, an events management company renowned for staging innovative and world-class exhibition events in West
PenCom releases N86.7bn to over 275,000 sacked workers
The National Pension Commission (PenCom) said it had released N86.7 billion to sacked workers of various companies who had been into Contributory Pension Scheme (CPS).
Tincan Island Port generates N162b in 6 months
The Tincan Island Command of the Nigeria Customs Service generated a total of N162,701,701,136.83. This is against the sum of N130,006,136,996.36 generated in the corresponding
Resetting power port-privatisation market
As the five-year Performance Agreement, which the 11 electricity distribution companies (DisCos), elapses in November, experts have called on the Federal Government to reset the
FOCAC Beijing summit, a new milestone in China-Africa relations
The Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) were held in Beijing, China from 3 to 4 September, 2018. Chinese President Xi Jinping,
PenCom recovers N14.76b outstanding contributions, penalties
The acting Director General of the National Pension Commission (PenCom), Mrs Aisha Dahiru-Umar, says its appointed recovery agent recovered N14.76 billion outstanding pension contributions and
N4.7bn fraud: EFCC closes case against Ladoja, Akanbi
The Economic and Financial Crimes Commission (EFCC) on Tuesday closed its case against a former Governor of Oyo State, Rasheed Ladoja, charged with N4.7billion fraud
Federal government provides technical assistance to 2,000 youths
Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment says the Federal Government Enterprise and Empowerment Programme (GEEP) has provided technical assistance to 2,000
South Sudan to pay Sudan $1.2bn oil debt
South Sudan will pay its outstanding oil debt of 1.2 billion dollars to neighbouring Sudan as oil output increases with reopening of more oilfields, the
FrieslandCampina to stake €23m in local milk production
Royal FrieslandCampina has announced plans to invest €23 million in local milk production, as part of its Dairy Development Programme (DDP) in Nigeria, the company’s
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